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Royal Crescent, Formby, Merseyside, L37 6BA

North West

£170,000
Listed on 29/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This end-of-terrace house in Formby presents a valuable opportunity for investors and cash buyers looking to undertake a substantial renovation project. The property, featuring three spacious double bedrooms, is positioned for significant transformation and modernization throughout. With its end-of-terrace location, there is potential for flexibility in development, including the possibility of extensions, which could enhance both living space and property value upon securing the necessary planning permissions. The current layout includes one bathroom with a separate WC and a reception room, serving as a functional base for reimagining the home's interior. The sizable kitchen, alongside an additional coal/store room, also offers options for reconfiguration into an open-plan layout or utility area based on the buyer's design aspirations. Externally, the property boasts a generous garden that not only provides outdoor space but also the potential for landscaping or further development—subject to planning approval. This garden area is advantageous for creating additional living space without sacrificing outdoor enjoyment. Situated in the desirable town of Formby within Merseyside, this home benefits from proximity to stunning coastline views and local amenities such as shops and schools. The good transport connections further contribute to its appeal among future residents or potential buyers. The strong local property market makes this investment opportunity even more compelling. With no onward chain attached to the sale, interested developers can move swiftly on this project. Given the extensive scope of renovations required, potential buyers are encouraged to conduct thorough evaluations of all involved costs before proceeding.

Investment Analysis

(L37 area)
Area Average
£293/sq ft
Avg Rent (weekly)
£312
Avg Yield
3.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£40,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
53%
Properties sold annually

Local Market Trend (L37)

Area prices are rising by +2.8% over the last 12 months
3 year growth: +3.9%
5 year growth: +14.3%
Investment Disclaimer: Analysis based on L37 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Royal Crescent, Formby, Merseyside, L37 6BA
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£613
Based on a loan of £127,500 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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